macro
GDP, Historical (Maddison): Austria
Latest
398.82billions of international dollars (2011 prices)
Methodology
## What this measures
The size of Austria's economy in billions of 2011 international dollars: Maddison GDP per person times population. A Palanor calculation from the Maddison Project Database 2023.
## Why it matters
Total output is the measure of economic weight: how much a country or region could produce, tax and spend, over centuries.
## How to read it
Billions of 2011 international dollars (inflation- and price-level adjusted). Each point is a calendar year, dated December 31, and exists only where the database gives both GDP per person and population.
## What it does not say
It inherits the uncertainty of both parts, which is large before 1820. It is not the national accounts GDP a statistics office publishes today.
## Source
Maddison Project Database 2023 (Groningen Growth and Development Centre, University of Groningen). Cite as: Bolt, Jutta and Jan Luiten van Zanden (2024), "Maddison style estimates of the evolution of the world economy: A new 2023 update", Journal of Economic Surveys, 1–41. DOI: 10.1111/joes.12618. Licence: Maddison Project Database, version 2023 by Jutta Bolt and Jan Luiten van Zanden, licensed under a Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/). https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison-project-database-2023 The database asks that all original papers be cited when its data is shown in graphical form. The original sources for Austria, as the database lists them: - GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics Sources used by Angus Maddison (original dataset, last updated 2010): - 1830-1913: Kausel, "Oster-reichs Volkseinkommen 1830 bis 1913" in Geschichte und Ergebnisse der zentralen amtlichen Statistik in Österreich 1829-1979, Beitrage zur österreichischen Statistik, Heft 550, Vienna, 1979, pp. 692-3. - 1913-50: A. Kausel, N. Nemeth, and H. Seidel, "Oster-reichs Volkseinkommen, 1913-63", Monatsberichte des Osterreichischen Institutes für Wirtschaftsforschung, 14th Sonderheft, Vienna, August 1965, p. 38 and 42; Palanor multiplies GDP per person by population for each year the database gives both; that product is the only change. This is a one-off release; Palanor will load the next version when the Maddison Project publishes one.
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